The Go-To Business Planning Guide for First-Time Business Owners in El Paso

A small business owner in El Paso looking up business planning strategies on her laptop.

Many people come up with brilliant ideas for new businesses. But what really matters at the end of the day is how you plan your business’s future. The most important thing you should do after coming up with an idea is to follow up with business planning. This will help you outline much of the […]

A Guide to Business Tax Breaks During the Holidays

A businessman speaking on the phone with a client

Did you know that around 729 billion dollars are spent in the US during the holidays? These numbers should not surprise you, considering how many people you account for in your holiday budget. As a business owner, you probably have employees and customers on your list. This is the best time of the year to show your […]

The Many Benefits of Investing in a 401(k)

401k insurance pension concept with big word or text and team people with modern flat style - vector

It’s rather normal for companies to tell their new employees about all the benefits they provide, including a 401(k). A 401(k) plan is one of the best ways to invest in your retirement. This means, when you stop working, you won’t have to worry about how you will be able to financially support yourself. In […]

Understanding Investments and Investment Review Services

Closeup image of a businesswoman stacking and putting coins in a glass jar

There is more to money than earning and spending it. Our attitude towards our finances can affect pretty much every aspect of our lives. Whether we like it or not, at some point, the decisions we’ve made with our money will catch up with us. Those who are aware of this endeavor to make wise investments. […]

Estate Planning: What It Is and Why It’s Important

Personal possessions, car, home, savings, investments, and other assets owned by an individual at death are called an estate. When a person dies, his estate will be given to his heirs. However, this person needs to provide instructions to be carried out especially on how his assets are distributed to his heirs. This process is […]

The Basics Of Forensic Accounting: What You Need To Know

Spreadsheet table paper with pencil. Finance development, Banking Account, Statistics Investment Analytic research data economy, trading, Mobile office reporting Business company meeting concept., forensic accounting

On first glance, the term “forensic accounting” sounds like a mix of the show Criminal Minds and the movie The Accountant. While we can’t quite claim something so exciting, we can claim that forensic accounting is every bit as important.  A forensic accountant is like a bloodhound, sniffing out inconsistencies in economic activity, acquisitions, valuation, […]

Ways Taxes Will Change In 2020

Tax law has gone through a number of changes since the Trump administration and will continue to change going into 2020. It can be overwhelming to keep track of all the changes, but we’ve compiled a shortlist of the changes you need to be on the lookout for.  No alimony deduction – People who pay […]

A Brief Overview of Financial Estate Planning in El Paso

Planning for the worst is a necessity, especially among American adults. Did you know over 50 percent of adults don’t have a will? In the event of an untimely death, a plethora of issues and problems can arise. Make sure your family can avoid any problems by planning ahead with Clifford, Ross, Raudenbush & Cooper, […]

Taxes After Marriage: What Newlyweds Need to Know

Next to having children and buying a home, marriage is one of the biggest changes that can happen in your life. As such, this change also affects the taxes of both spouses. If you’re in the El Paso area and you’re looking for a bit of guidance in terms of your newfound communion, Clifford, Ross, […]

Don’t Fear the Accounting Firms: We’re Only Here to Help!

Tax season is upon us once again. Many dread this time of the year for a handful of reasons, while others look forward to receiving their tax returns. No matter where you stand on taxes, it’s always useful to get a helping hand. If you’re in the El Paso area, Clifford, Ross, Raudenbush & Cooper, […]